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Shares of New York Community Bancorp (NYSE: NYCB) have lost roughly two-thirds of their value over the past year. Meanwhile, the average bank stock, using the SPDR S&P Bank ETF as an industry ...
The bank’s stock was briefly buoyed by a flurry of insider purchases indicating executives’ confidence in the bank. More from CNBC: ... NYCB stock notched a 52-week low of $3.32 per share on ...
Shares of New York Community Bank fell 23% Monday, hitting their lowest level since 1996.The stock is struggling to recover after the beleaguered regional lender said in a filing last week it had ...
This reversed a seven-day slide that saw NYCB’s stock plunge by nearly 60% to close at $4.20 Tuesday. NYCB is one of the biggest regional banks in the U.S., with $116.3 billion of assets as of ...
NYCB underwent multiple acquisitions in the 2000s, acquiring Haven Bancorp for $196 million in 2000, [7] Richmond County Financial in an $802 million transaction in 2001, [8] asset manager Peter B. Cannell & Co. in 2002, [9] Roslyn Bancorp in a $1.6 billion transaction in 2003, [10] Long Island Financial in a $70 million transaction in 2005 ...
Beleaguered regional lender New York Community Bank is receiving a more than $1 billion equity investment.. The majority of the investment, $450 million, is coming from former Treasury Secretary ...
At 5 p.m. ET today, it will also officially change its name to Flagstar Financial Inc. On Monday, the bank’s stock will cease trading under its current NYCB ticker symbol and instead trade under ...
The new disclosure is the latest twist in a two-week-long saga roiling one of the country's top 30 banks. NYCB's stock began falling on Jan. 31 when it surprised analysts by slashing its dividend ...